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5021 Emerald Drive, Kingsport, TN 37664

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For Sale
Sale Pending

$450,000

4,596 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $97.91
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The property is 100% leased, and will not be conducting showings without an accepted offer or LOI. There is a virtual tour of the property that allows you, or your agent, to view the interior online. The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.
MLS# 9973233

Courtesy Of The Addington Agency Bristol

(423) 845-5800

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Dock, Patio
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Laminate, Tile, Vinyl
  • Heating System
    Heat Pump
  • Lot Size
    0.76 Acres

Map and Directions

Directions to 5021 Emerald Drive, Kingsport, TN 37664

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(423) 239-6112
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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